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What will make India the Next Big Global HUB for GIG Workers

 COVID has given the world a gift of Remote Work. Even though I have been hearing the words of Telecommuting, Remote working for over 2 decades, this pandemic made it possible within no time. This is one of the biggest boons for the GIG Workers. This Opportunity is not just only a few advanced countries that leveraged internally GIG workforce sofar but for the many countries across the Globe.

What Would Drive GIG Workforce

Global Small Businesses

  • Globally Startup & Small companies may not be employing specialized skills on a permanent basis with business uncertainties. Rather focus on Employing Remote Workers directly or through Professional Employer Organisations for countries Like India.
  • Any work that can be done by Digitally/Remotely all those jobs can save money based on the currency you deal with. Leveraging the Currency strength also would force them to look for GIG workers.

Impacted Large Global Corporations

  • There has been a serious threat for many large MNC's with the invasion of COVID in having the fat salaried jobs which may not be impacting their bottom line. The Corporations would make them redundant and replace with GIG workforce Globally.
  • Visa Issues in bringing the workers into the countries has been a major issue. This leads to an opportunity of employing remotely and saving upwards of 2 times minimum.
  • Outsourcing of Jobs has become very expensive for large Corporates. Owning the Source through GIG workers proving to be the leverage.

Changing Individual preferences of Job

  • The ability to Stick around for a life Time employment is a word of past. The younger generation may be constantly looking to shift/change jobs as they decide.
  • Ability to understand the social fabric Digitally is another advantage. The ability to connect and collaborate remotely is the biggest advance that they have to get things done.
Indian Youth with no exception is tech savvy when it comes to accessing Internet and leverage Digital Innovations.

Favorable India :

  • Sheer demographics of 29 years of Average Age. Possibility of being the Youngest Nation at least for the next 10+ years.
  • A large Number of Educated Population each year joining the workforce
  • Affordable Internet Band-width and Digital Gadgets for Middle & Lower-Middle Class Educated Population
  • The working population between the age of 25-45 having work expertise can afford to provide expert services leveraging Technology. The chances of turning GIG be a lot more as they can have time for themselves to do what they like in life.

Comments

  1. UnknownSeptember 20, 2021 at 2:09 AM

    Wonderful Blog! Thanks for sharing information about Professional Employer Organization and Employer of record PEO service providers

    ReplyDelete
  2. AnonymousJanuary 11, 2022 at 9:28 PM


    Thanks For Sharing The Information. Please Have a Look on Which Which will be helping You. Thank You!!!.
    👉👉 PEO Services
    EOR Services

    ReplyDelete

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